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Reaffirmation of the Loan Parties
Reaffirmation of the Loan Parties contract clause examples

Reaffirmation of the Loan Parties. Each Loan Party and each Mission Equity Holder hereby consents to the amendment of the Existing Credit Agreement effected hereby and confirms and agrees that, notwithstanding the effectiveness of this Amendment, each Loan Document to which any Loan Party or Mission Equity Holder is a party is, and the obligations of such Person contained in the Existing Credit Agreement, this Amendment or in any other Loan Document to which it is a party are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects, in each case as amended by this Amendment. For the avoidance of doubt and without limiting the foregoing, each Loan Party and each Mission Equity Holder hereby confirms that # the Guaranties shall continue in full force and effect and are hereby reaffirmed and # the existing security interests granted by such Person in favor of the Collateral Agent for the benefit of the Secured Parties (including, without limitation, the Term B-4 Lender[[Borrower:Organization]] pursuant to the Loan Documents in the Collateral described therein shall continue to secure the Secured Obligations of the Loan Parties under the Amended Credit Agreement and the other Group Credit Agreements, as applicable, and the other Loan Documents as and to the extent provided in the Loan Documents.

Reaffirmation of the Loan Parties. Each Loan Party and each Mission Equity Holder hereby consents to the amendment of the Existing Credit Agreement effected hereby and confirms and agrees that, notwithstanding the effectiveness of this Amendment, each Loan Document to which any Loan Party or Mission Equity Holder is a party is, and the obligations of such Person contained in the Existing Credit Agreement, this Amendment or in any other Loan Document to which it is a party are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects, in each case as amended by this Amendment. For the avoidance of doubt and without limiting the foregoing, each Loan Party and each Mission Equity Holder hereby confirms that # the Guaranties shall continue in full force and effect and are hereby reaffirmed and # the existing security interests granted by such Person in favor of the Collateral Agent for the benefit of the Secured Parties (including, without limitation, the 1">Term B-4 Lender[1">2020 Revolving Credit Lenders[[Borrower:Organization]] pursuant to the Loan Documents in the Collateral described therein shall continue to secure the Secured Obligations of the Loan Parties under the Amended Credit 3">Agreement and3">Agreement, the 5">other Group5">Amended Nexstar Credit 7">Agreements, as applicable,7">Agreement, and the other Loan Documents as and to the extent provided in the Loan Documents.

Reaffirmation of the Loan Parties. Each Loan Party1"> and each Mission Equity Holder hereby consents to the amendment of the Existing Credit Agreement effected hereby and confirms and agrees that, notwithstanding the effectiveness of this Amendment, each Loan Document to which any Loan Party 3">or Mission Equity Holder is a party is, and the obligations of such 5">Person5">Loan Party contained in the Existing Credit Agreement, this Amendment or in any other Loan Document to which it is a party are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects, in each case as amended by this Amendment. For the avoidance of doubt and without limiting the foregoing, each Loan Party 7">and each Mission Equity Holder hereby confirms that # the Guaranties shall continue in full force and effect and are hereby reaffirmed and # the existing security interests granted by such 9">Person9">Loan Party in favor of the Collateral Agent for the benefit of the Secured Parties (including, without limitation, the 11">Term B-4 Lender[11">2020 Revolving Credit Lenders[[Borrower:Organization]] pursuant to the Loan Documents in the Collateral described therein shall continue to secure the Secured Obligations of the Loan Parties under the Amended Credit 13">Agreement and13">Agreement, the other Group15"> Amended Credit Agreements, as applicable, and the other Loan Documents as and to the extent provided in the Loan Documents.

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